Bulgaria, Vietnam Sign Memorandum of Understanding on Labour, Social Policy

November 27 (BTA) - Bulgaria's Labour and Social Policy Minister Bisser Petkov and Vietnam's Labour, Invalids and Social Affairs Minister Dao Ngoc Dung have signed a Memorandum of Understanding between their ministries, Petkov's Ministry said in a press release on Monday.

Under the document, the two institutions will deepen their exchange of experience and good practices in labour policy, active employment policy, vocational training of employees and unemployed, and social protection and social assistance to vulnerable groups. Bulgaria and Vietnam will also join efforts in preventing unreported employment, managing labour migration, health and safety at work, and the policy of increasing incomes and combating poverty and social exclusion.

During their talks in Sofia, Petkov an Dao Ngoc Dung discussed matters of shared interest, including opportunities for vocational training of employees for the purpose of upgrading the qualifications, knowledge and skills of the labour force. In this context, the sides considered an idea to establish a joint Bulgarian-Vietnamese centre for vocational personnel training. Questions concerning the increase of incomes, the retirement insurance system, labour migration and labour market demand were also on the agenda. RY/LG